Australia Post strikes continue as investment banker named new chief executive
Wednesday, 23 December 2009
Australia Post employees in New South Wales will go back on the job today, but strikes are still expected for at least half a day in Victoria, South Australia and Tasmania.  ...

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The working capital crisis: Kohler
Thursday, 26 February 2009
Watching interviews with crestfallen Pacific Brands workers on the TV news last night was heartbreaking; you knew these people were not going to get another job and that the dole, at $255 a week, is not enough.  ...

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The global banking crisis is far from over – and Australia is not immune: Gottliebsen
Monday, 23 February 2009
Despite the White House denials, the nationalisation of a big chunk of US and European banks is being considered as so many global banks are insolvent because of the losses they are concealing. Australian banks shudder at the repercussions that might have for ...

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Shares lower, key NAB executive resigns, US job losses surge: Economy roundup
Friday, 20 February 2009
The Australian sharemarket has opened lower today after more poor news out of the United States. The Dow Jones Industrial Average fell 1.19% overnight on concerns that more US banks may have to be nationalised as part of attempts to bailout the economy. ...

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Commonwealth Bank tumbles on debt fears, Rio dumps big project, advertising spending falls: Economy roundup
Thursday, 18 December 2008
Commonwealth Bank shares have tumbled as much as 12% to $25.75 after it revealed provisions for bad debts may rise up to $2.5 billion. The $2.5 billion estimate is based on the bank’s prediction that 0.6% of its gross loans may become bad debts.  ...

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NAB lifts rates again: Economy roundup
Wednesday, 26 March 2008
The National Australia Bank has today lifted its variable mortgage rate by 0.09% to 9.36%, blaming increased borrowing costs it faces on international debt markets. The move reflects a continuing gap – currently at about 0.5% – between official interest rates ...

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John Ilhan remembered for kindness, philanthropy
Tuesday, 13 November 2007
John Ilhan, the entrepreneur who founded the Crazy John’s mobile phone group, was remembered as a father, husband and friend, at yesterday’s public memorial service. Family and friends were joined by business and political leaders and 1000 members of the public ...

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Crazy John Ilhan memorial, heart condition possible cause of death
Monday, 12 November 2007
A memorial service will be held in Melbourne today for entrepreneur John Ilhan, the multimillionaire founder of mobile phone dealership Crazy John’s. The mobile phone magnate, whose rise to riches from migrant stock struck a chord with the nation, died from ...

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Thousands mourn for John Ilhan
Saturday, 27 October 2007
Up to 5000 people attended a Broadmeadows mosque this afternoon to farewell mobile phone entrepreneur John Ilhan, founder of Crazy John’s. Mourners included many members of the Turkish community as well as National Australia Bank Australian chief executive ...

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What next for Crazy John’s – without John
Wednesday, 24 October 2007
The future of Crazy John’s lies under a cloud after the sudden death of founder and entrepreneur John Ilhan, founder of Crazy Johns. Ilhan, 42, died suddenly yesterday morning when walking in a Melbourne park. Ilhan had just in the last few months taken the ...

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Some banks are listening
Tuesday, 04 September 2007
Consumer group action to tackle bank penalties is having a major impact, with the NAB the latest bank to respond. The NAB today announced it would cut direct debit dishonour fees from $50 to $30. It will also launch a mainstream transaction account that allows ...

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